FTX insider Caroline Ellison has been moved out of prison

Posted by harambae 1 day ago

Comments

Comment by andrewinardeer 1 day ago

Is it deliberate that I've never seen a media outlet publish a flattering photo of her?

That said, when the movie is inevitably released they'll probably cast Scarlett Johansson or Cailee Spaeny as her.

Nearly all of the photos of her I can find are of her walking to and from a car. The others (which were very few and only one of which I thought was a good photo) seem like social media pics that news agencies probably couldn't publish. That does make more challenging to get a good picture of her, but I have a hard time believing they couldn't have done better that the one at the top of the article. It's particularly bad.

Comment by bloqs 1 day ago

just looks like a normal person who is not posing for a photo, not some influencer

Comment by pppppiiiiiuuuuu 1 day ago

To me it looks like when you take a bunch of pictures while someone is talking and some of them look extremely awkward because their mouth in a weird shape.

Comment by watwut 1 day ago

This one is NOT normal person not posing. This one happen to be "exaggeratedly surprised face expression" phote.

Comment by jimpah 1 day ago

That's just how she looks. Hence all the "pin the weasel" mockery.

Comment by kcplate 1 day ago

Some people are just not aesthetically pleasing.

Comment by xenospn 1 day ago

literally my first thought every time I read an article about her. She's either the least photogenic person ever, or this is intentional.

Comment by kcplate 1 day ago

Perhaps she is just unattractive…

Comment by admissionsguy 1 day ago

there are some but they required this amount of processing https://www.bostonglobe.com/2022/12/06/business/caroline-ell...

Comment by charlieglass 1 day ago

[flagged]

Comment by dhruv3006 1 day ago

So you can always get away with fraud?

Comment by btilly 1 day ago

She's still serving her sentence. Just not in prison.

As for why it is so short, that's her reward for helping them get SBF.

Comment by latchkey 1 day ago

What's amazing is that they needed her help.

Comment by eightman 1 day ago

There's a reason SBF was arrested and tried within a year while other complex financial fraud cases take years to get a conviction.

Comment by latchkey 1 day ago

Dec 11, 2008: Madoff arrested; scheme revealed.

March 12, 2009: Madoff pleads guilty to 11 federal felonies.

June 29, 2009: Sentenced to 150 years in prison and ordered to forfeit $17.179 billion.

Comment by bdcravens 1 day ago

In Madoff's case, he confessed to his sons. So again, this was a case of an insider having the goods, not the result of a speedy investigation.

Comment by sidewndr46 1 day ago

Your timeline is correct, but once Madoff was confronted he just confessed and everything moved forward.

Comment by eightman 1 day ago

I mean yeah Madoff confessed and made the case open and shut.

SBF entered a Not Guilty plea but Ellison for all intents and purposes entered a Guilty plea on his behalf with her co-operation.

Comment by latchkey 1 day ago

She also had no choice, as SBF was blaming her. The point being that they still didn't really need her help. It was obvious that he committed fraud, and there was plenty of proof of it.

Comment by LunaSea 1 day ago

Well it was het fund that lost customers money

Comment by bfg_9k 1 day ago

I mean, the guy was constantly high on nootropics and they had no idea what actual investments FTX made. I'd imagine most of the time was just spent untangling that web, his case was more or less a slam dunk.

Comment by giacomoforte 1 day ago

The interesting question is, will her career/business ventures suffer from here onwards?

Comment by cosmicgadget 1 day ago

Hopefully people recognize that while SBF lost a bunch of money on one poor investment (her), Ellison lost a bunch of money on many poor investments.

She's probably doomed in traditional investment circles but there's always crypto!

Comment by tedd4u 1 day ago

Curious how much of her ill-gotten gains she will keep.

Comment by satanschosen 1 day ago

[dead]

Comment by pseingatl 1 day ago

It's hard to keep up a skin care routine in the can.

Comment by whatsupdog 1 day ago

From being one of the richest men, to being sold to a lifetime of prison by your mid gf. What a wild ride!

Comment by seec 13 hours ago

There is no honor among thieves, and there is even less honor in women who often turn out to be legal thieves.

That should be a warning to any man, but of course that's not politically correct to say.

Comment by whatsupdog 12 hours ago

Honour evolved from the tendency to stay within a group. When you are in a group, your chances of survival increase. But in a group you also have to stand up for you comrades - leading to a feeling of honour. Women just end up with the winning team. It's much easier for a woman to ditch a losing group and join the winning one. That's why honour has not evolved in women as opposed to men.

Comment by seec 10 hours ago

Yes, I entirely agree. Even without being part of a group, women will support you as long as you are winning or at least appear to be winning. But the moment your position becomes precarious, they'll just leave.

There are evolutionary reasons for that: women can't side with someone who won't be able to defend them since they don't have the strength to defend themselves. But nowadays you can't say that because of feminism and identity politics.

That's just how things are, and why I think men should always be careful about the trust they put in women around them. They are much more likely to throw you under the bus than even a man who dislikes you.

Comment by easyThrowaway 1 day ago

At the end of the day she and the other members of the board who took the plea bargain are basically keeping most of the money, right?

I know I'm basically in conspiracy territory here, but I can't stop thinking this was planned well beforehand and SBF was just the biggest moron they could find as the fall guy. Like, if what they say about him is remotely true they could've planned everything while he was playing LoL during meetings or something.

Comment by alexey-salmin 1 day ago

[flagged]

Comment by drawfloat 1 day ago

This seems such a bizarre statement to make about Europeans, which isn’t…in anyway true? Europeans start working straight out of school, college, or university same as the US?

Comment by croemer 1 day ago

At leas in some European countries there was quite a tradition of studying for long amounts of time, like 6 or so. Add a PhD, military service and long high school and you end up with 19+2+6+3=30. No gap year etc.

Comment by lores 1 day ago

We're talking low 1-digit percents here. The "tradition" of PhDs is a niche one.

Comment by alexey-salmin 1 day ago

It comes from experience, I know quite a few people who got their first job after 30. You study, you take the gap year, you study some more.

Comment by glimshe 1 day ago

Many people become professional students when high education is free. This problem isn't exclusive to Europe, but less common in the US.

In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working.

Comment by piva00 1 day ago

> In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working.

In Latin America a very small minority of young people even get to go to a proper academic institution and not just a quasi-degree mill college. For those going to somewhat reputable institutions with post-tertiary programs it's another small minority that gets to a masters degree, with even fewer getting into a doctorate track...

Quantify "many people" because it's absolute bullshit it's any kind of representative cohort of the population with the means to achieve this.

Comment by piltdownman 1 day ago

Beautifully lampooned in "In The Loop" when the US Assistant Secretary of State fobs the UK Director of Communications off with one of his 'top guys'.

MALCOLM I’ve just had a briefing from a 9-year old child... His f*ing briefing notes were written in Alphabetti Spaghetti. When I left I nearly tripped over his umbilical cord.

LINTON I’m sorry if it troubles you that our people achieve excellence at a young age... By the way, your prime minister informs me that he’s tasked you with collating some fresh British intel for us.

MALCOLM Yeah, apparently your f*ing master race of gifted toddlers can’t quit get the job done in between breast feeds and playing with their power rangers.

Comment by giacomoforte 1 day ago

She's hardly the average person, is she? High IQ enough to get a job at Jane Street and then constantly swimming in these elite networks at Stanford, Jane Street and whatever that weird EA thing is supposed to be.

If you do a BSc in Math in Europe and you have some olympiad creds, you have a good shot of joining Optiver or similar, and go from there.

Comment by alexey-salmin 1 day ago

I know, it's not meant to be a deep observation. Rather the "some start drinking at 21 while others already quit by then" kind of situation.

Comment by 1 day ago